The bootstrap. The Swiss army knife of any data scientist

Applications of the bootstrap techniques in R

Gianluca Malato
Feb 11, 2019 · 4 min read
Photo by Mika Baumeister on Unsplash

Every measure must be followed by an error estimate. There’s no chance to avoid this. If I tell you “I’m 1,93 metres tall”, I’m not giving you any information about the precision of this measure. You could think that my precision is on the second decimal digit, but you can’t be sure.